MRA – Oct 2018 DHA Lahore Property Market Report
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MRA – Oct 2018 DHA Lahore Property Market Report
Disclaimer : MRA (Monthly Real Estate Analysis) – October 2018 DHA Lahore Property Market Report is a general guideline and does not cover all aspects of the market. The real estate trends vary even within blocks of the same phase and for a layman it gets very complicated and confusing. You can now download our APP from Google store and read latest news and developments or book an appointment for consultancy.
Present Market Condition
A lot happened in terms of news and rumors in September but no real change has been observed in DHA Lahore real estate. The property market remains on its steady path with no major ups and down. In general we have always observed in last few years that October and November relatively see less number of transactions and plots are actually easier to purchase and you will be able to get slightly better bargains.
Last month we did hinted about investments in Z Ivy green and this month we have made a small video for you to have a look as well.
Lets have a look at each sector of DHA Lahore one by one:
DHA Phase 1 to 5
Goldcrest DHA Lahore Mall and Residency project is undergoing speedy development as expected and prices have moved up to 18000 per sqft specially for one bed and 2 bed apartments. Presently 3 bed limited apartments are available for sale at launch price of 15000 per sqft .
Phase 5 M block ext has lost some ground recently and potentially will give good returns in coming years.
As for the remaining areas they remain stable and nothing much to report.
DHA Phase 6
DHA Lahore Phase 6 remains stable as usual and continues to grow slowly. E block ext 5 Marla and 10 Marla plots offer a lot of promise in days to come and may be a good area to invest in midterm as possession is expected in a couple of months and will also provide a window for short-term trades.
Another important development is the marketing and effort DHA Lahore is doing for commercial plazas and 1 Kanal, 2Kanal homes in Phase 3 of Raya and they brought zameen.com on board with them. Imlaak.com being an affiliate of zameen.com was the first one to break the news and I personally believe it to be a game changer in days to come for Defence Raya.
We are also hosting a sales event at our office on 7th October in collaboration with zameen.com for Defence Raya commercials and homes.
Watch the latest update video below.
Recommendation
a. Buy residential plots in DHA Lahore phase 6 for safe investment as it will continue to grow steadily over the years.
b. Good opportunity to buy commercial on Main MB in front of N and L Blocks of Phase 6 and P block of Phase 7.
c. Defence Raya commercial plaza is a great option specially because you have to pay in 3 years progressive installments for investment and 1 kanal homes are great for genuine buyers who want to live in a peaceful soothing environment and be a proud owner of a Golf view Villa.
DHA Phase 7
DHA Lahore Phase 7 is now bouncing back specially after the news of possession of lower portions of T,U,X and Y in addition to Z1 and Z2. Another factor which will grow Phase 7 in days to come is the rapid construction of houses. As of now in terms of transactions it is only second to 9 Prism.
Recommendation
a. Now it is making some sense to invest in Phase 7 at lower prices, specially if you plan to hold it for a year or more.
DHA Phase 8
Phase 8 is now seeing interest from potential builders who are eyeing it for their next construction project in 2019 and beyond. Phase 8 offers a steady growth in years to come.
Broadway commercial One of the best commercial investments you can make today, watch the video below to understand residential and commercial investments in Phase 8 of DHA Lahore.
Watch our latest update video of Phase 8.
Ex Park view of Phase 8 is a great option for genuine buyers and the prices are still my favorite for a 2 Kanal plot. Reasonably good plot is available in almost 400 lacs and i believe it is the best area in entire DHA Lahore to buy a 2 Kanal plot in this price.
4 Marla commercial files of Ex Park View The prices actually went below 220 Lacs and we did gave a signal for a short-term trade in June, however now the prices are back to 240 Lacs and above. It is still a buy for me as I believe that it holds great potential in long-term.
Z Ivy green as suggested in Sep is going to improve in coming months, this is the right time to start investing.
Recommendation
a. We strongly recommend to buy residential plots for investment or if you wish to make your own house.
b. Buy 4 Marla Shivpur or Malikpur files in Phase 8 Ex Park View anywhere between 220 to 250 Lacs.
c. We will now recommend you to buy 4 Marla commercial between 400 to 500 Lacs and 8 Marla between 750 to 950 Lacs in good areas of Broadway.
d. Last but not the least Z ivy green is ripe for investments.
DHA Phase 9 Town
9 Town is the best option for genuine buyers looking to buy to build a house, the prices will not go down rather they will keep rising steadily and may add 10 to 20 lacs in 2019. It offers good options of 5 , 8 and 10 Marla plots for building your home in as low as 6 , 10 and 13 Million respectively.
Recommendation
a. Prices will rise higher but presently they offer optimum returns since i gave a signal to buy 7 months back and if you have purchased since Oct 2017 now i will recommend selling out and exiting safely with max profits if the only purpose of your investment was to make money. Those of you who have purchased at higher prices , you may wait for a few more months before an exit.
DHA Phase 9 Prism
Same as before
9 prism is a good investment for long-term perspective only as the prices have risen again by 5 to 10% , i would wait a bit for prices to go down again to buy.
Commercial prices on the other hand are high in 9 Prism and are totally inflated, even if they don’t go down much they are not expected to rise as well so will be a dead investment for a few years.
Recommendation
a. Hold it for long-term or sell during an upswing.
b. Buying is recommended at this time for long-term investment only.
DHA Phase 10
No change from Sep 2018
Trading again between 52 to 55 Lacs and not at all a buy zone for us. Predicting about Phase 10 may be hard at this time however it is a good investment at 45 Lacs and below.
Recommendation
a. It is better to wait now for prices to slip and make a short term trade, if it reaches 45 Lacs.
DHA Phase 11 Rahber
DHA Lahore is marketing about the balloting of DHA Rahber, however it has not announced an exact date. Prices of 4 Marla commercials have gone down and it offers a great opportunity to invest as of now.
Recommendation
a. We recommend buying 4 Marla commercial at 170 Lacs for a Short term investment.
b. The residential file however is trading at 30 Lacs which is again not a very attractive price for investment.
USE OUR DISCUSSION FORUM IF YOU HAVE A QUESTION AS WE CAN ANSWER IN DETAIL AND OTHER MEMBERS CAN ALSO POST THERE OPINION FOR A FRUITFUL DISCUSSION.
Captain (Retd) Shahnawaz Yaqub Bhatti
Founder and CEO at Imlaak
Mob: +92 333 1616160 ( WhatsApp)
Assalam Dear Shahnawaz,
I will be grateful if you may please clarify/guide me for the below queries.
1. What is the difference between Phase-8 Malikpura & Shivpura files?
2. Are these allocation files or affidavit files?
3. I have heard that DHA on its own discretion, can ballot Malikpura file in Shivpura and vice versa. Is this true?
4. If the above is true then why buy more expensive Malikpura file?
Salaam,
The Mouza are different rest both will be allotted in Phase 8 EX Park View. Market perception and rumors are the reason for the price difference between both and i dont believe that those rumors have some solid footings.
Actually DHA can always mix up the balloting and that is the usual practice.
I do not think you should buy Malikpur except that due to market rumors they will always be priced higher and sale faster.
Jazak Allah
Thanks Dear Brother for your valuable guidance. Will meet you when I will visit Pakistan In Shaa Allah.